Kulicke & Soffa (KLIC) interim CEO/CFO sells 60,000 shares at $121.71 average price
Rhea-AI Filing Summary
Kulicke & Soffa Industries interim CEO and CFO Lester A. Wong reported an open-market sale of 60,000 shares of Common Stock on June 18, 2026 at a weighted average price of $121.7092 per share. The sale was executed in multiple trades at prices ranging from $121.2350 to $122.5100. After these transactions, Wong directly holds 50,743 shares of the company’s common stock.
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Insights
Interim CEO/CFO executes sizable open-market share sale while retaining a substantial equity stake.
Interim CEO and CFO Lester A. Wong conducted an open-market sale of 60,000 Common Stock shares at a weighted average of $121.7092 per share. Trades were executed across a range from $121.2350 to $122.5100, indicating typical market execution rather than a single block.
Following the sale, Wong’s direct holdings stand at 50,743 shares, so he retains a meaningful equity position despite reducing exposure. The filing shows no related derivative exercises or tax-withholding events, and no reference to a Rule 10b5-1 trading plan in the provided excerpt, framing this as a straightforward discretionary sale based on the visible data.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60,000 | $121.7092 | $7.30M |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.2350 to $122.5100, inclusive.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Common Stock financial
Form 4 regulatory
FAQ
What did KULICKE & SOFFA (KLIC) interim CEO/CFO Lester Wong report in this Form 4?
Was the KLIC insider transaction an open-market sale or another type of trade?
Does the KLIC Form 4 mention a Rule 10b5-1 trading plan for Lester Wong’s sale?
What role does Lester Wong hold at KULICKE & SOFFA during this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.